Justin Trudeau announces $2000-per-month for incomes affected by COVID-19

Trucks on the Peace Bridge which links the U.S. and Canada via New York and Ontario

Wednesday morning, after the bill passed, Scheer released a statement highlighting oversight measures included in the final draft, including shortening the period during which the federal cabinet has special spending powers to keep the government moving and requiring regular reports on spending to House of Commons committees.

The final text of the legislation includes several notable changes to Prime Minister Justin Trudeau's $82-billion economic aid package announced last week.

For generations, the two countries have shared one of the most open borders in the world, but that could soon change amid the coronavirus pandemic. Trudeau says he expects the money to flow in 10 days. That would mean it won't be until mid-April before money can start getting to Canadians.

Workers who can't work for nearly any reason related to COVID-19, including staying home to look after others, the need to quarantine or self-isolate, or because their employers have closed or reduced business and can't offer them as many or any shifts.

"If you lost your job due to COVID-19, whether you're full-time, part-time, contract or self-employed, this new benefit will be there for you".

Morneau said more than 2,000 Canada Revenue Agency workers are being redeployed to help get the employment benefits flowing. "At the same time we are looking at our end at making credit more available and less expensive for Canadians to be able to make it through the next few months". If their EI benefits end before October 3, they could apply for the CERB once their EI benefits cease, if they are unable to return to work.

Canadians who have already applied for EI and whose application has not yet been processed would not need to reapply, the website said.

"We don't know any of these things", he said. "We feel that it needs to remain that way". "Canada is strongly opposed to this US proposal". "Families are anxious about when they'll get help".

On Wednesday, before Mr. Trudeau made his comments, The Globe and Mail asked Canadian Imperial Bank of Commerce CEO Victor Dodig whether the government had pressed banks to lower credit card interest rates and whether that would be the right decision, but he suggested it was not in CIBC's plans.



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